Why Uber Drivers are Getting Scammed
Uber drivers are getting scammed because they make SIGNIFICANTLY less money than they are led to believe.
You will see many blog posts and YouTube videos following Uber, Lyft, and UberEats drivers for the day where they show you how they made over $20 per hour while rideshare driving. What they typically don't show you is their expenses.
Uber passes on all of the expenses and risk to the Uber drivers. Uber drivers are forced to pay maintenance costs for the wear and tear on their vehicle, their gas costs, and the depreciation of the vehicle.
This adds up to an amount that eats into the profits of the Uber drivers to the extent that most Uber drivers may not be making any money at all.
Uber as a company is losing billions of dollars every quarter and there is no sign of them ever turning the corner for a profit. They are pouring all of their resources into research & development to build self driving vehicles so they can finally eliminate the expense of paying their drivers.
Uber drivers have been protesting for years asking for a living wage. That living wage will never come as long as Uber is not profitable and the drivers are forced to front the money for depreciation, maintenance, and repairs.
I used many resources to make this video, including but not limited to, articles detailing how 96% Uber drivers leave the platform within a year, YouTube videos detailing Uber drivers and UberEats drivers earnings for a full day of rideshare driving, and many blog posts sharing necessary data on repair expenses and average earnings.
Thumbnail Photo Credit: Denny Müller on Unsplash
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Why Uber Drivers are Getting Scammed
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